economic development | ARLnow.com

UPDATED: Governor comes to Arlington for ‘economic development announcement’

Published November 28, 2022 at 10:50AM | Updated November 29, 2022 at 3:08PM

Gov. Glenn Youngkin at Boeing and Virginia Tech announcement in June 2022 (staff photo by Jay Westcott)

Update on 11/29/22 — From the announcement:

Governor Glenn Youngkin today announced that Technomics, Inc., an employee-owned decision analysis company that specializes in cost analysis, data management, and data analytics, has invested $1.7 million to expand in Arlington County. The company is leasing an additional 10,000 square feet of space at 1225 South Clark Street to increase capacity. Virginia successfully competed with Maryland, DC, and California for the project, which will create 150 new jobs.

Feature

New county awards program recognizes eight fastest-growing local startups

By Jo DeVoe

Published November 7, 2022 at 12:45PM

Awards are handed out at Arlington County's inaugural REV Awards (courtesy photo)

Sponsored by Monday Properties and written by ARLnow, Startup Monday is a weekly column that highlights Arlington-based startups, founders, and local tech news. Monday Properties is proudly featuring 1515 Wilson Blvd in Rosslyn.

Arlington County held its first-ever awards ceremony last week to honor fast-growing startups headquartered in the county.

News

Some Planning Commission members say micro-fulfillment center proposal lacks ‘due diligence’

By Jo DeVoe

Published October 6, 2022 at 1:45PM

An Amazon delivery worker delivers packages in Ballston (staff photo by Jay Westcott)

Feeling the pressure to respond to its soaring office vacancy rate, Arlington County is looking to fill empty buildings quickly.

One option for adding tenants and knocking down the 20.8% vacancy rate would be to permit companies to set up small warehouses, or micro-fulfillment centers, inside of office buildings that are struggling to attract new tenants — especially as remote work appears here to stay.

News

Arlington ranks No. 2 nationally for share of remote workers

By Jo DeVoe

Published September 28, 2022 at 10:45AM | Updated September 28, 2022 at 11:20AM

Office buildings, including the Nestle building, in Rosslyn (staff photo by Jay Westcott)

(Updated 11:20 a.m.) Arlington has the second highest work-from-home rates in the nation, U.S. Census Bureau data from 2021 show.

The county falls just behind Fremont, a city in California’s Silicon Valley that is home to numerous tech companies, while D.C. ranks third. And within the metro D.C. area, the remote work population in northern Arlington specifically is second in size only to the central and downtown parts of the District.

News

As vacancy rates rise, Arlington looks to breweries, small warehouses and food delivery as solutions

By Matt Blitz

Published July 15, 2022 at 10:35AM

The Rosslyn skyline (staff photo by Jay Westcott)

As commercial and office vacancy rates continue to soar, the county is looking to food delivery staging areas, urban farms, breweries, and small warehouses as potential solutions.

At last week’s Planning Committee meeting, county officials expanded upon a County Manager initiative first announced in April to modernize, simplify, and add flexibility to the county’s zoning approval process. The efforts are being called “commercial market resiliency.”

News

Arlington office vacancy rate continues to rise amid work-from-home trends

By ARLnow.com

Published July 11, 2022 at 10:45AM

Amazon HQ2 construction (staff photo by Jay Westcott)

The pandemic and work from home trends are causing pain for owners of office buildings in Arlington and across the region.

Arlington’s office vacancy rate reached 20.8% this month, according to data from CoStar, as relayed by Arlington Economic Development. That’s up from 16.6% at the beginning of 2020, as the pandemic first took hold, and 18.7% at the beginning of 2021.

Opinion

Poll: Are the new corporate HQs in Arlington boosting your local pride?

By ARLnow.com

Published June 8, 2022 at 9:45AM

Boeing HQ in Crystal City (staff photo by Jay Westcott)

Arlington is becoming a bonafide destination for corporate headquarters.

Three of the top 100 largest U.S. companies now have a headquarters — in the case of Amazon, a second headquarters — in the nation’s smallest self-governing county.

News

BREAKING: Arlington scores another major corporate headquarters

By ARLnow.com

Published June 7, 2022 at 9:30AM | Updated June 7, 2022 at 11:18AM

1100 Wilson Blvd in Rosslyn, home to Shift5 and other companies, including defense contractor Raytheon Technologies (staff photo by Jay Westcott)

(Updated at 10:35 a.m.) Hot on the heels of Boeing moving its corporate headquarters to Arlington, another Fortune 100 company is about to call the county home.

Raytheon Technologies, which has an existing office at 1100 Wilson Blvd in Rosslyn, is planning to move its global headquarters to the neighborhood, the company and Virginia Gov. Glenn Youngkin announced this morning. It is currently based outside of Boston, where the company was founded a century ago.

News

Morning Notes

By ARLnow.com

Published May 10, 2022 at 7:30AM

Construction scaffolding in Ballston (staff photo by Jay Westcott)

Bye, Bye Bank Building — “A new residential development is on the boards for Columbia Pike. Marcus Partners filed plans late last week with Arlington County for a new 250-unit residential development at the site of the Bank of America office building at 3401 Columbia Pike. The six-story building will have ground floor retail, a central courtyard and 287 parking spaces on 2.5 below grade levels.” [UrbanTurf]

It’s Official: No Caucus — From Blue Virginia: “The @arlingtondems announce that their School Board Endorsement Vote process is canceled, as there is only one candidate (Bethany Zecher Sutton) left after the other withdrew.” [Twitter]

News

Morning Notes

By ARLnow.com

Published May 6, 2022 at 7:30AM

SoberRide vehicle in Clarendon on Cinco de Mayo 2022 (staff photo by Jay Westcott)

New Interim Economic Development Chief — “Today, I am pleased to appoint Shannon Flanagan-Watson as the Interim Director of Arlington Economic Development (AED), effective May 31. Shannon brings 28 years of combined experience working in and with local governments on a range of professional local government management and policy issues.” [Arlington County]

Shot Fired in Long Branch Creek — “1400 block of 28th Street S. At approximately 1:09 a.m. on May 5th, police were dispatched to multiple reports of shots heard in the area. Police canvassed the area and recovered evidence confirming a shot had been fired. The preliminary investigation indicates a verbal altercation between two subjects may have preceded the discharge of a firearm. No injuries were reported, and no property damage was located.” [APCD]

News

BREAKING: Arlington landing Boeing corporate headquarters

By ARLnow.com

Published May 5, 2022 at 12:35PM | Updated May 5, 2022 at 4:45PM

Boeing headquarters in Crystal City (staff photo by Jay Westcott)

(Updated at 4:45 p.m.) Aerospace and defense giant Boeing is moving its corporate headquarters from Chicago to Arlington.

The move, first reported by the Wall Street Journal and since confirmed by the company, “would place the aerospace company’s senior executives closer to key government decision makers in the nation’s capital,” the paper reported.

News

NEW: Arlington Economic Development’s No. 1 and No. 2 leaders are departing

By ARLnow.com

Published April 29, 2022 at 9:45AM | Updated April 29, 2022 at 10:39AM

The top two leaders at Arlington Economic Development (as marked) are leaving (photo illustration by ARLnow, via screenshot of AED website)

It’s not just Telly Tucker who’s leaving Arlington Economic Development.

Tucker become the county’s Director of Economic Development in January 2020, just before the pandemic, after serving in the same role for Danville, Virginia. He’s now returning to Danville to head the state’s Institute for Advanced Learning and Research.